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Exam 14: Material Requirements Planning and Enterprise Resource Planning

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Question 41

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In MRP,under lot-for-lot ordering,the size of "planned-order receipts" are equal to:

A) "scheduled receipts."
B) "planned-order releases."
C) open orders already scheduled to be delivered.
D) "gross requirements."
E) None of the choices.

F) A) and E)
G) A) and D)

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Question 42

Multiple Choice

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Which one of the following is not an input in an MRP system?

A) Planned-order releases
B) Bill of materials
C) Master production schedules
D) Inventory on-hand, open orders and lead times
E) All are inputs

F) A) and B)
G) A) and C)

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Question 43

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What is the lot size for the second order using the part-period method?

ERP systems are based on software modules for various functional areas of a business such as purchasing,production planning,and supply chain management.

In MRP processing the difference between a planned-order release and the planned-order receipt is:

ERP packages are intended to fit established ways of doing business,but some modifications to business processes or the ERP software are typically required.

Independent demand tends to be more sporadic or "lumpy" than dependent demand.

A process designed to handle purchasing and scheduling the production of dependent-demand components is:

Under fixed-interval lot sizing,order sizes for component parts are determined based on which one of the following?

What is the correct sequence to go from the broadest to the most detailed form of operations planning?

The MRP approach that immediately updates only those records directly affected by a change is referred to as a(n) :

Safety time is sometimes used in MRP rather than safety stock.

The master production schedule (MPS)states which product components are to be produced.

An assembly-time chart indicates gross and net requirements.

MRP II is simply a label for current,more advanced versions of software applications for MRP.

Ignoring the possibility of safety stock requirements,which one of the following most closely describes the calculation of net requirements for an item in MRP?

A regenerative MRP is one that is updated continuously.

A bill of material contains a listing of all the raw materials,parts,and subassemblies needed to produce one unit of an end item.

A master production schedule (MPS)is the principal output developed from MRP systems.

Which of the following are accurate statements concerning MPS,MRP and capacity requirements planning (CRP) ? I.CRP is equivalent to a master production schedule (MPS) . II.CRP is needed to determine if an MPS is feasible. III.CRP is an input to MRP. IV.Planned-order releases from MRP are the inputs for CRP.